KPI Green rises as arm gets LoA for 15-MW solar power projects

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20 Mar 2025

KPI Green rises as arm gets LoA for 15-MW solar power projects

The projects are tentatively scheduled to be completed in the financial year 2025-26, in various tranches as per the terms of the orders.

KPI Green Energy develops and maintains grid-connected solar power projects and sells power units generated from the company's solar plants.

The company's consolidated net profit surged 67% to Rs 84.50 crore in Q3 FY25 as against Rs 50.61 crore recorded in Q3 FY24. Revenue from operations jumped 38.8% year on year (YoY) to Rs 458.36 crore in the quarter ended 31 December 2024.